Cygnetise

Cygnetise is a multi-award-winning company applying blockchain technology to revolutionise the process of Delegated Authority (DA) and Authorised Signatory Management (ASM). The Cygnetise solution simplifies and solves the pain of DA / ASM by enabling operations and finance departments to digitally manage and share authorised signatories and delegated authorities, in real time, with their banks and other counterparties, making the process more efficient, transparent, and secure. This significantly reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity, and strengthens governance. Cygnetise enables their customers full control of employee signing authority management at any time, dramatically increasing efficiency, cutting costs, and saving over 90% of the time spent on manual and paper-based tasks.

Since launching as the first blockchain company of its kind in 2016, Cygnetise has continued to expand its global reach and is now live in over twenty-five countries for multiple clients including PWC, Societe Generale, EFG Bank, MorningStar, JTC Group and Raymond James. The company has secured investment from West Coast specialist blockchain VC firm, Bloccelerate, is a member of Innovate Finance, and was selected for the Mayor’s International Business Programme 2022.

Cygnetise has won numerous awards, including Best Enterprise Blockchain Company in the City AM Awards 2020, and most recently won the LHoFT (Luxembourg House of Financial Technology) Catapult accelerator programme. They are also part of the Silicon Valley-headquartered Plug and Play Tech Centre ecosystem.    

Visit www.cygnetise.com to find out more about how Cygnetise can help you revolutionise the management of authorised signers, delegated authorities and bank mandates. 

Links:

• What are the risks associated with managing authorised signatories?
• e-Signature vs. authorised signatory: Is there a difference? (Survey results)
• Excel for compliance: Yay or nay? (Survey results)
• Types of authorized signatories
• How to mitigate the risk of signature and signatory fraud
• How can Blockchain enable Governance?

Downloads:

• The Future of Authorised Signatory Management and Digital Signing
• Cygnetise Technology Overview